Where is Third Hotel Associates LP located?

Third Hotel Associates LP is headquartered in Bethesda, Maryland, but may have operations in other locations within the Hospitality & Leisure sector.

What does Third Hotel Associates LP do?

According to the company's overview, Third Hotel Associates LP is a company that operates in the Hospitality industry.

What industry is Third Hotel Associates LP in?

Third Hotel Associates LP operates in the Hospitality & Leisure industry.

Third Hotel Associates LP Average Salary, Pay Ranges & Benefits

Third Hotel Associates LP Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value Get Salary AI Insights

Salary at Third Hotel Associates LP

Current Job Openings at Third Hotel Associates LP

Ready for your next career move? Explore current job openings at Third Hotel Associates LP. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Third Hotel Associates LP’s Pay Competitive? Salary Benchmarking Analysis

How does Third Hotel Associates LP's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.

Competitor / Benchmark	Avg. Salary	Variance	Primary Market Influence Factor & Explanation
Laurel Hotel Associates LLC	$93,951	-6.7%	Typical compensation structure for smaller regional agencies like Laurel Hotel Associates LLC.
Pocono Hotel Associates LP	$94,784	-5.9%	Pocono Hotel Associates LP may offer non-monetary perks in lieu of competitive base salaries.
Fifth Hotel Associates LP	$101,018	+0.3%	Confirms Fifth Hotel Associates LP is a direct competitor vying for the exact same talent pool.
Hotel Santa Barbara	$94,331	-6.4%	Hotel Santa Barbara operates with a leaner overhead structure, impacting base wage offers.
Hospitality & Leisure Industry	$122,562	+21.7%	Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.

Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Third Hotel Associates LP's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Third Hotel Associates LP. Click a company name to learn more.

Laurel Hotel Associates LLC

$93,951 / year

Salary Range: $82,499 - $106,550

Baltimore, MD

Pocono Hotel Associates LP

$94,784 / year

Salary Range: $83,232 - $107,489

Catonsville, MD

Fifth Hotel Associates LP

$101,018 / year

Salary Range: $88,703 - $114,562

Bethesda, MD

Hotel Santa Barbara

$94,331 / year

Salary Range: $82,857 - $106,941

Santa Barbara, CA

Olney Golf Park

$99,436 / year

Salary Range: $87,338 - $112,733

Olney, MD

Pateadores

$98,919 / year

Salary Range: $86,879 - $112,147

Costa Mesa, CA

Pike Creek Valley Running Club

$93,360 / year

Salary Range: $82,004 - $105,843

Wilmington, DE

Ma Yoga

$100,449 / year

Salary Range: $88,226 - $113,879

Sherman Oaks, CA

Majestic Manufacturing Inc

$82,971 / year

Salary Range: $72,878 - $94,064

New Waterford, OH

Employee Reviews: Working at Third Hotel Associates LP

Considering a career at Third Hotel Associates LP? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.

The workload is generally balanced, though seasonal rushes can be intense. Training programs are available, though more specialized courses would be beneficial. Management is transparent and communicates well. The training programs are excellent, and there’s always room for advancement. The team is fantastic, and the work environment is positive.

Commented in May 09, 2025

24

1

The company also hosts team-building events, fostering camaraderie. The team dynamic is strong, making collaboration seamless. Good entry-level opportunities. it’s a reliable place for employment in hospitality. While there’s room for growth, advancement opportunities aren’t always clearly defined. The company maintains a fair approach to scheduling and employee concerns.

Commented in December 05, 2024

19

1

Smooth onboarding and helpful supervisors. The company culture is welcoming, and employees are treated with respect. The benefits are excellent, and employee morale is high. The company follows industry standards, and the training is adequate. The workplace culture is inclusive, and colleagues are friendly and helpful.

Commented in July 12, 2024

21

2

The company culture here is exceptional. The company offers regular training sessions to keep skills sharp. Engaging tasks and a welcoming team.

Commented in July 12, 2024

47

3

The benefits, including health insurance and travel perks, are excellent. Overall, I’d highly recommend this workplace to anyone seeking a positive and growth-oriented environment in hospitality. This company stands out for its employee-focused approach. While the perks aren’t extravagant, the standard benefits meet expectations. It may not be the most exciting, it’s a dependable place for steady ...

Commented in March 02, 2024

26

2

What Benefits Does Third Hotel Associates LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. Third Hotel Associates LP offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:

Social Security

401(K)

Disability

Healthcare

Pension

Time Off (days)

Work at Third Hotel Associates LP?

Share your experience

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near Bethesda?

Understanding the cost of living near Bethesda is key to truly evaluating a salary offer or your current compensation at Third Hotel Associates LP.

Bethesda's Cost of Living Index is approximately 189.7 (89.7% more expensive than US average; 67.9% more than MD average). Affluent Montgomery County suburb (NIH, Walter Reed), extremely high housing costs, upscale amenities. Ride On bus, Metro Red Line. When planning your budget based on a salary from Third Hotel Associates LP, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$2,600 - $4,000+	A significant portion of Third Hotel Associates LP salary. Location choices impact this heavily.
Utilities (Basic)	$160 - $270	Electricity, Heating, Cooling, Water etc.
Public Transportation	$45 (Ride On pass, Metro extra)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$510 - $780	Can be higher with more dining out or specialty stores.
Personal & Leisure	$600 - $1,100+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$460 - $880+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$4,375 - $6,935+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Third Hotel Associates LP

1. How much does Third Hotel Associates LP in the United States pay?

Third Hotel Associates LP pays its employees an average of $100,744 per year. The average salary at Third Hotel Associates LP range from $88,465 to $114,257 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Third Hotel Associates LP employees get a higher salary than its peer company?

The salary at Third Hotel Associates LP is higher than its peer company. The average annual salary at Third Hotel Associates LP is $100,744, or an hourly wage of $48, in comparison to Laurel Hotel Associates LLC which pays $93,951 per year or $45 per hour.

3. How much does salary increase with years of experience at Third Hotel Associates LP?

Salary progression with years of experience at Third Hotel Associates LP is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Third Hotel Associates LP vary by office location?

Yes, it's very likely that salaries at Third Hotel Associates LP vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Bethesda section provides more context.

5. Does Third Hotel Associates LP offer good benefits?

Third Hotel Associates LP typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Third Hotel Associates LP" section on this page.